Gold/Mining/Energy | Big Dog's Boom Boom Room


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To: teevee who wrote (166723)4/3/2012 12:41:58 PM
From: Bearcatbob   of 178633
 
Are the F - 35s made in California?

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To: Bearcatbob who wrote (166724)4/3/2012 12:58:19 PM
From: tom pope   of 178633
 
That's very possibly true. But in the meantime people have to tie themselves in knots explaining why opening up a path for effectively stranded Cdn oil to get to the Gulf refineries would have no effect on prices at the pump.

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To: tom pope who wrote (166726)4/3/2012 12:59:23 PM
From: Bearcatbob   of 178633
 
Tom, Ultimately without radical change we are all financially screwed. All the rest along the way is simple recreational jousting.

Bob

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From: Bearcatbob4/3/2012 1:29:04 PM
5 Recommendations   of 178633
 
Sorta OT: I hope everyone takes a listen to Obama today - he says if we can only get construction workers back to work - say what - the same guy who shuts down Keystone? You cannot make this stuff up.

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To: Bearcatbob who wrote (166718)4/3/2012 1:42:11 PM
From: t4texas13 Recommendations   of 178633
 
i have no doubts now that the energy independence path forward for the usa now has no technical impediments. we now know we have the ng and oil supply within the usa (and the canadian oil sands will be surplus supply that will drive the oil price down lower than it would have been without the canadian oil sands oil.), and we now know we have the drilling and recovery technology and the engine technology/manufacturing to do the job. the field discovery and engineering work has been done and continues. it will only improve over the next decade as more discovery is made, and more refinement and invention of drilling techniques and safety occurs.

the problem right now in realizing this energy independence "manifest destiny" is we have a kind of mystery science theater 3000 set of characters/robots, i.e., the president of the usa, the head of the epa, the secretary of the interior, and the secretary of energy, who cannot distinguish between a bad movie and a good movie.

i would call it mystery science theater 2008, because when they are presented with good ideas, scripts, strategies and tactics that are popular with the public, reduce consumer cost burdens, and are working in the energy field and could work even better, the chief wisecracker character, the president of the usa thinks he should wisecrack, riff, make fun, and generally run down anything that would work differently than ideas he and his other mystery science 2008 robots have or hold as postulates. so they talk as their own little peanut gallery while thinking they have all the time in the world.

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To: Bearcatbob who wrote (166728)4/3/2012 1:43:59 PM
From: Salt'n'Peppa1 Recommendation   of 178633
 
Bob, I thought he was talking about housing construction ... of which there are 1.4 million units too many.

What the heck are they going to build anyway?
Houses? Don't need 'em.
Railroads? Trains run on diesel. Too dirty.
Roads? Naah, full of nasty oil consuming cars.
Mines or power plants? *chuckle*
Manufacturing plants? Cannot compete with overseas.
Jails? Mmmmmm....

It is a tough spot.
Then again, maybe being in such a tough spot marks this as the bottom of the recession?
Just a thought.
S&P

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To: Salt'n'Peppa who wrote (166730)4/3/2012 1:52:57 PM
From: Bearcatbob   of 178633
 
Bob, I thought he was talking about housing construction ... of which there are 1.4 million units too many.


Road, and schools - the whole gambit - but no pipeline.


BTW - MMR made a nice jump around 1:25 pm. The next perf should be relatively quick. I went long EXXI. MMR and EXXI are making me violate my buy/write plans. I am now buying and waiting to write - on these. I still do not see the big volume spike I am looking for.


As for bottom of the recession - I wonder how much the weather has helped. March here was to die for. There was a whole lot of economic activity moved forward. Landscapers have been busy all over the neighborhood. There are people on the golf courses. Home Depot has lots of people in the garden section. Last year my wife and I went to Cincinnati in mid April. Nothing was blooming here - Cincy was all in bloom so we remember. This year - man - we are blooming. This has to have been good for the economy.


Bob

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From: Bearcatbob4/3/2012 2:03:24 PM
   of 178633
 
Man - Fed Meeting Notes - boom!

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To: tom pope who wrote (166726)4/3/2012 2:10:22 PM
From: teevee   of 178633
 
That's very possibly true. But in the meantime people have to tie themselves in knots explaining why opening up a path for effectively stranded Cdn oil to get to the Gulf refineries would have no effect on prices at the pump.

Obama did Canada a favour in the long run. Any Canadian oil that gets to the Gulf refineries has to compete with other oil in a dutch auction for refining capacity-the lowest price gets the sale and only increases downward price pressures. I don't see how that is to Canada's benefit.

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To: Bearcatbob who wrote (166728)4/3/2012 2:17:42 PM
From: I_C_Deadpeople   of 178633
 
To build what? lol..More houses and strip malls?

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